Sunwin Stevia Sees Health Canada Approval of Stevia for Use in Food and Beverages Opening a New Large Market
QUFU, China, Dec. 19, 2012 /PRNewswire/ -- Sunwin Stevia International, Inc., "Sunwin Stevia" (OTC QB: SUWN), one of the top global providers of high quality stevia extracts including Rebaudioside A 98, announced today that it sees Health Canada's approval for the use of stevia in food and beverages on November 30, 2012 opening a new large market for Sunwin Stevia. Prior to this approval, stevia was available in Canada only within natural health product applications.
Stevia is a natural zero calorie sweetener and can be used by diabetics. This approval means that consumers across Canada will soon be able to enjoy a similar range of stevia sweetened products to those already available in other markets where stevia has already received government approval for use in the food and beverage industry such as the United States and the European Union.
Sunwin Stevia has been working with a number of Canadian companies seeking to incorporate stevia in the product development process in anticipation of Health Canada's approval. There has been a significant increase in interest potential projects using Sunwin's stevia over the last year since Health Canada has made steps forward in approving stevia for use within food and beverages. Sunwin Stevia believes that while numerous food and beverage companies have been proactively working with the ingredient prior to this notice, Health Canada's approval will provide the confidence required for many of these organizations to invest further in the R&D and formulation work to quickly begin to introduce stevia based products to the Canadian marketplace.
Ms. Dongdong Lin, CEO of Sunwin Stevia International, stated, "Since 1996, Sunwin Stevia has been investing in stevia farming and production to be in the forefront of this industry. This approval in Canada is another strong step forward for the stevia industry as it opens another large consumer market for food and beverages. We have invested a great deal of capital in positioning Sunwin Stevia as a global leader with a technologically advanced processing capacity to service this growing industry and we anticipate further sustained growth for stevia in the food and beverage industry as more countries open their markets for this healthy great tasting sweetener."
About Sunwin Stevia International, Inc.
Sunwin Stevia International, Inc. (OTCQB: SUWN) engages in the areas of zero calorie, all natural sweeteners (Sunwin Stevia™ Extracts). As an industry leader in agricultural processing, Sunwin Stevia has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. For more info about Sunwin Stevia, please visit http://www.sunwininternational.com
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Sunwin Stevia International, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our ability to return our revenues to historical levels, our dependence on continued market acceptance of our products, competition, our ability to control our raw material costs, risks associated with operating in China, and other risk factors impacting our company, some of which may be beyond our control. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2012.
SOURCE Sunwin Stevia International, Inc.